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Technology Stocks : Apple Inc.
AAPL 276.93-0.7%3:29 PM EST

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From: Moonray2/8/2013 8:19:25 AM
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Apple weighs dividend boost, stock buyback to appease investors

Apple reveals it has been in "active discussions about returning additional cash to shareholders"
after influential shareholder Greenlight Capital sued the company.

SAN FRANCISCO — Apple Inc. is considering boosting dividends or buying back more stock in
a move that could appease investors who have been stung by the sharp drop in the stock price.

The company revealed it is mulling over such actions after an influential shareholder sued the
Cupertino, Calf., technology giant Thursday.

In a statement, Apple acknowledged that it had been in "active discussions about returning additional
cash to shareholders" beyond the $45 billion in dividends and stock buybacks it announced last year.

As part of that review, the company said it would consider a proposal by Greenlight Capital to issue a
new type of preferred stock to current shareholders.

"We will thoroughly evaluate Greenlight Capital's current proposal to issue some form of preferred
stock," Apple said. "We welcome Greenlight's views and the views of all of our shareholders."

More at: latimes.com

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